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PARAMOUNT COMMUNICATIONS
PS (Price/Sales) Ratio

The Current P/S Ratio of PARAMOUNT COMMUNICATIONS is 2.48.

Share Price ₹77.6Apr 24,2024
Market Cap ₹2,353.5 Cr
Sales-TTM₹949.3 CrTTM-Consolidated Results
Price/Sales2.48xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of PARAMOUNT COMMUNICATIONS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of PARAMOUNT COMMUNICATIONS is calculated as :

Current Market Cap [ ₹2,353.5 Cr] as on Apr 24,2024

(/) Sales [ ₹949.3 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 2.48x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for PARAMOUNT COMMUNICATIONS , the investors are currently willing to pay '2.48 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of PARAMOUNT COMMUNICATIONS !

The chart below summarizes the trend in P/S Ratio of PARAMOUNT COMMUNICATIONS over the last five years.

Historical PS (Price/Sales) ratio chart of PARAMOUNT COMMUNICATIONS


PS Ratio Performance Analysis for PARAMOUNT COMMUNICATIONS

- PARAMOUNT COMMUNICATIONS 's latest p/e ratio is 2.48x.

- PARAMOUNT COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.38x.

- PARAMOUNT COMMUNICATIONS 's operated at median p/e ratio of 0.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PARAMOUNT COMMUNICATIONS 's p/e ratio peaked in Mar2023 at 0.76x.

- PARAMOUNT COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0.2x.


How does PARAMOUNT COMMUNICATIONS 's P/S Ratio benchmark against top 10 peers in Cable Industry?

Peer Comparison (Cable Industry)Sales (Cr)PS RatioMarket Cap (Cr)
PARAMOUNT COMMUNICATIONS 949.32.482,353.5
POLYCAB INDIA LTD16,771.25.0083,890.9
KEI INDUSTRIES LTD7,745.44.6035,620.6
RR KABEL LTD6,090.03.0418,515.2
FINOLEX CABLES LTD4,837.73.2015,480.5
STERLITE TECHNOLOGIES LTD6,210.01.036,387.2
PRECISION WIRES INDIA LTD3,236.60.762,445.8
UNIVERSAL CABLES LTD2,023.21.012,038.9
DYNAMIC CABLES LTD705.61.38970.8
BIRLA CABLE LTD756.11.11839.0
DELTON CABLES LTD349.61.02355.4

Cable Industry Benchmark (Top 10) PS Analysis vs PARAMOUNT COMMUNICATIONS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.76x
Max industry PS 5.00x
Median industry PS 1.38x
Average industry PS 2.24x



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